BoStad: Major Acquisition of 553 Units in Danish Growth Citiesa
Origination, acquisition and financing of more than 54,500 m2 of new built residential properties in Danish growth cities
Acquisistion via BoStad of five projects with a total of 553 units, which resulted in the second largest residential real estate transaction in Denmark in 2019. The selling price for the four residential projects was approx. DKK 1.1 bn.
Our strategy was to turn BoStad into a growth platform and significantly increase the size of BoStad’s residential portfolio with quality real estat.
The assets from Birch Ejendomme matched this strategy perfectly and were elements in making BoStad a leading residential company in Denmark.